Acqn. of Publishing License

FUTURE NETWORK PLC 10 September 1999 Future acquires license to publish official Manchester United and Chelsea football magazines The Future Network plc ('Future'), the video game, home computing and other specialist consumer magazines publisher, today announces that it has acquired the worldwide license to publish the official magazines for both Manchester United and Chelsea football clubs from Zone. The titles being acquired are Manchester United Magazine, Glory Glory Man United and the Official Chelsea Football Club Magazine. Future already publishes its own football magazine, Total Football. This acquisition will make Future the biggest publisher of monthly football magazines in the UK, with monthly sales of over 175,000 copies. Jane Ingham, Managing Director of Future Publishing UK commented: 'This acquisition is directly in line with our strategy of targeting specialist magazine markets which are big on passion. Football is without doubt one of the most passionate subjects around at the moment.' 'This deal greatly strengthens our presence in the football market in the UK and we will be seeking opportunities to establish similar positions in other overseas markets. These club-specific magazines will benefit from being part of the same portfolio as Total Football, but will also benefit from being alongside Future's other leading titles in mountain biking, video games and computers, in particular our top selling Official PlayStation Magazine, which has a similar target audience.' For further information: Jane Ingham, Managing Director Tel: 01225 442244 Future Publishing Limited James Longfield Tel: 0171 357 9477 Hogarth Partnership Background on The Future Network: The Future Network was founded in the UK in 1985. Since this time it has become a leading international publisher of video game, home computing and other specialist consumer magazines and Internet web sites. Future is the leading video game and home computing magazine publisher in the UK, France, Italy and the US. Headquartered in Bath, England, Future publishes over 100 titles worldwide and employs over 1,400 people in offices in Bath, London, San Francisco, New York, Paris, Milan and Munich. Future was floated on the London Stock Exchange in June 1999 and has a current market capitalisation in excess of £700 million. Background on Future Publishing: Future Publishing is the UK arm and the largest division of The Future Network. With a portfolio of over 60 magazines, Future Publishing is the 4th largest publisher in the UK by circulation, selling over 2 million copies monthly. It is also the fastest growing major publisher in the UK, based on the 29% growth recorded from its magazines that report half-yearly ABCs. Future has market-leading positions in the UK in video games, leisure computing, mountain biking and now football. Future's monthly audited football magazine sales: Manchester United Magazine 88,445 (UK market leader) Glory Glory Man United 34,544 Total Football 33,980 Official Chelsea FC Magazine 20,000 Total 176,969

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Future (FUTR)
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